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Zoom Announces Termination of Merger Agreement with Five9

Zoom Announces Termination of Merger Agreement with Five9

SAN JOSE, Calif., Sept. 30 (Korea Bizwire) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that Zoom and Five9 have mutually terminated the merger agreement executed by the parties on July 16, 2021. At Five9’s special meeting of stockholders held on September 30, 2021, Five9 did not obtain the requisite stockholder support for the [...]

Zoom to Acquire Five9

Zoom to Acquire Five9

SAN JOSE, Calif. and SAN RAMON, Calif., July 18 (Korea Bizwire) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has entered into a definitive agreement to acquire Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, in an all-stock transaction valued at approximately $14.7 billion. Combining Five9’s Contact Center [...]